Listing Agency: Home Time Realty s***@gmail.com Show Phone

Listed By: Sheila Bussell · License #6505366134 Show Phone

Source: Elliman

Added: Apr 27 Changed: Aug 8 Last Checked: Jul 16 at 7:09AM

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Investment Insights

Based on property information with market context.

This 16.07-acre cleared parcel presents a development opportunity or a site for a dream home. Zoned agricultural, the property has the potential to be divided into up to 4 parcels. Public water is available at the street. A septic system will be required, with a perc test to be completed at the buyer's expense. Survey and final zoning approval are required prior to closing. The sale is subject to municipal approval. The property offers convenient access to the expressway, shopping, and schools.

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Auto Repair Shop Spa & Massage Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13

Businesses Nearby

Explore this area Business Placement

Demographics for 48162, MI

29,156

Population

12,698

Households

2.3

Avg Household Size

43

Median Age

24%

College-Educated

91%

High-School Grad

57.5 sq mi

ZIP Area

507

Density / Sq Mi

$68,801

Median Household Income

$41,678

Median Earnings

$912

Median Rent

$192,200

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Agricultural land / Farmland - 16.07-acre cleared parcel with development potential.

Where is this agricultural land / farmland located?

The property is located at 00 Mentel Rd Monroe, MI.

What is the asking price?

The asking price for this property is $275,000.